Mr. Brodie Sutherland of Tocvan reports

TOCVAN UPDATES ON DIVIDEND DATE FOR CASCADE COPPER SHARES

The five million common shares Tocvan Ventures Corp. previously received from the sale of the Rogers Creek property to Cascade Copper Corp. on April 22, 2022, will be paid to Tocvan shareholders as an in specie dividend in the form of Cascade Copper common shares. Tocvan's board of directors has set a record date of May 31, 2023, for the dividend. The in specie dividend is scheduled to be paid to all Tocvan shareholders who are registered shareholders on the record date. Eligible Tocvan shareholders will receive one Cascade Copper common share for every 7.9852 Tocvan shares they hold at the close of business on the record date. Tocvan shareholders will be entitled to a whole number of Cascade Copper common shares, with any entitlement to a fraction of a Cascade Copper common share being rounded down to the nearest whole share. Cascade Copper shares have a current fair market value of 11 cents. The payable date for the dividend is June 16, 2023.

About Tocvan Ventures Corp.

Tocvan is a well-structured exploration development company. Tocvan was created to take advantage of the prolonged downturn in the junior mining exploration sector by identifying and negotiating interest in opportunities where management feels they can build upon previous success. Tocvan has approximately 39.9 million shares outstanding and is earning 100 per cent into two exciting opportunities in Sonora, Mexico: the Pilar gold-silver project and El Picacho gold-silver project. Management feels both projects represent tremendous opportunity to create shareholder value.

We seek Safe Harbor.